News Release

Verizon Wireless Service Now Sold At Las Vegas Best Buy Stores

October 24, 2000

PHOENIX, Ariz. — Verizon Wireless today announced that its products and services are now available at Best Buy stores in Las Vegas. Verizon Wireless' full array of wireless products and services is available, including its recently announced Mobile Web service, which combines access to Internet based information with the ability to personalize that information.

"In the past few months we've launched SingleRate (a national flat-rate calling plan), Mobile Web (wireless internet access), five-state home calling area plans, and New Every Two, a first-of-its-kind plan that offers customers $100 to upgrade their wireless phones every two years with a contract renewal," said Robert Soto, Vice President, Sales Operations, Verizon Wireless. "It makes sense for Verizon Wireless to provide the latest wireless products and services where shoppers can easily compare offerings and choose us."

"Best Buy's relationship with Verizon Wireless offers customers an unprecedented choice in wireless options," said Dave Sprosty, Best Buy merchandise manager, wireless solutions. "This agreement is part of Best Buy's plan to expand and improve the ways people communicate and gather information online. We're pleased to join in this effort with Verizon Wireless-a leader in the wireless market." Verizon Wireless is now available at Best Buy stores on 2050 North Rainbow Blvd., and 3820 Maryland Parkway in Las Vegas. Verizon Wireless is also available at Best Buy in Reno at 5575 South Virginia.

About Verizon Wireless

Verizon Wireless is the largest wireless communications provider in the U.S. with 26.3 million wireless voice and data customers and 3.5 million paging customers. The new coast-to-coast wireless provider was formed by the combination of the U.S. wireless businesses of Bell Atlantic Corp. and GTE Corp - now Verizon Communications (NYSE:VZ) -- and Vodafone (NYSE and LSE: VOD). The new company includes the assets of Bell Atlantic Mobile, AirTouch Cellular, GTE Wireless, PrimeCo Personal Communications and AirTouch Paging. The company has a footprint covering nearly 90 percent of the U.S. population, 49 of the top 50 and 96 of the top 100 U.S. markets. Verizon Wireless, headquartered in Bedminster, NJ, is 32,000 employees strong. Reporters and editors can find more information about the company in its Media Center on the Web at: http://www.verizonwireless.com/mediacenter/index.shtml

About Best Buy Co., Inc.

Minneapolis-based Best Buy Co., Inc. (NYSE: BBY) is the nation's number one specialty retailer of consumer electronics, personal computers, entertainment software and appliances. The Company reaches consumers nationwide through its more than 400 retail stores located in 40 states and online at www.BestBuy.com.

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